and on that note here is a trade I closed out today. Part of me wants to set it to b/e and it could go to the moon but their are talks about cash buyouts and what not so it's uncharted territory with me on an equity I'll take my profit and then be ...

james16 Chart Thread

you are one cool dude Lester This is the best thing about James16 and why i was attracted to stay around all these years. For those that have been around I was nothing more then a member someone who thought they would never even post on FF. I've met ...

james16 Chart Thread

Hey Trader As always and many times we have answered before. We are an education for traders. The only people who get money from our site are myself and James and our web guy and the costs for the site. More have been compensated when the site was ...

james16 Chart Thread

Hey K This is basically what James describes at the beginning of the thread as a TBH(two bar high) that is when a TBH/TBL breaks it signifies a continuation. But i like multi bar highs/lows instead. In this case we have 4 bar highs that lined up ...

james16 Chart Thread

closed out, this was a nice 5% gain

james16 Chart Thread

awersome D it was a nice one I've locked in about 2% but going to see if we can get a push here again

james16 Chart Thread

got nicked the first time but this pair provided two more fantastic opportunities One was a buy on the breakout of the multi bar high on daily. I took this too the FTA. Didn't get to show this one to the group but it was a nice one. image The ...

james16 Chart Thread

nice trade plan DVI, i can't see selling this anyway else but a tight stop on a retrace to your level. Get to b/e say at the low of the beob and see if it can rip down. makes good sense to me Mike

james16 Chart Thread

here is a fun one though finally lol Caught the buob and just sat on it. Buy out battle has occurred which is making for an interesting situation(could be cash value lower then where we are). New territory for me here is my original chart image ...

james16 Chart Thread

I actually didn't M, there was a 4hr buob but it was VERY small, and those make me uncomfortable. It certainly go to the FTA and now we're hanging back around. It's still an area worth watching at this point. Aud/jpy suggest some lower action but ...

james16 Chart Thread

well the gap area held as support again and this thing turned quick. I was watching for closes back above the BRN, but what I actually did was set an alarm at my entry point in case the initial gap open became the new selling point. So I did take a ...

james16 Chart Thread

reduced some risk here as we approach the gap opening

james16 Chart Thread

Hey Ale Those levels are certainly something to watch but i'm using the gap plus the larger resistance point to help keep me in this trade. While gaps don't HAVE to close these is a great area with great PA to suggest that price certainly wants to ...

james16 Chart Thread

i can't resist this one with this huge gap open, resistance top of box, nice beautiful pinbar, nice volatility Let's see if this thing can take us down

james16 Chart Thread

looks like FX is exciting again Here is my favorite chart to start the week.

james16 Chart Thread

gap areas can provide good S/R areas K, that's a good area to watch for some PA Likewise if we can get down to the 1.6. Things have fallen quite hard but these gaps do tend to close Best Mike

james16 Chart Thread

Hey K Sorry took me some time to get back to you I think we could be seeing a breakout here and put some notes on. image Also we can see the larger box we are in(which the tops and bottoms are my favorite areas on a chart like this image Best ...

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summer is officially over. Let's all have a warm welcome back for volatility LOL Catching up on posts later today

james16 Chart Thread

Hey E I think your trade was fine, the thing that worries me is time of day with that bar into the long weekend. A good time for people to take profit after that down move so your kind of left at an off time if it doesn't just keep shooting higher. ...

james16 Chart Thread

Thanks Alfans I am glad it helped! Mike

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